Jon Springer - Universal Insurance Director

UVE Stock  USD 19.72  0.33  1.65%   

Director

Mr. Jon W. Springer is President, Chief Risk Officer and Director of the Company. Mr. Springer became a director of the Company in 2013. Mr. Springer became President and Chief Risk Officer of the Company as of March 10, 2016. Prior to taking on such role, he served as an Executive Vice President and Chief Operating Officer of the Company since 2013. Mr. Springer was an Executive Vice President of Evolution Risk Advisors, Inc., a whollyowned subsidiary of the Company, from 2006 through 2008, and an Executive Vice President of Blue Atlantic Reinsurance Corporation, a whollyowned subsidiary of the Company, from 2008 to 2013. Before joining Evolution Risk Advisors, Inc. in 2006, Mr. Springer was an Executive Vice President of Willis Re, Inc. and was responsible for managing property and casualty operations in its Minneapolis office. Mr. Springer brings to the Board extensive experience in the property and casualty insurance industry, including with respect to reinsurance arrangements. since 2021.
Age 50
Tenure 3 years
Address 1110 West Commercial Boulevard, Fort Lauderdale, FL, United States, 33309
Phone954 958 1200
Webhttps://www.universalinsuranceholdings.com
Springer was an Executive Vice President of Universal Risk Advisors, Inc., a whollyowned subsidiary of the Company, from 2006 through 2008, and an Executive Vice President of Blue Atlantic Reinsurance Corporationration, a whollyowned subsidiary of the Company, from 2008 to 2013. Before joining Universal Risk Advisors, Inc. in 2006, Mr. Springer was an Executive Vice President of Willis Re, Inc. and was responsible for managing property and casualty operations in its Minneapolis office.

Universal Insurance Management Efficiency

The company has Return on Asset of 0.0293 % which means that on every $100 spent on assets, it made $0.0293 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2223 %, implying that it generated $0.2223 on every 100 dollars invested. Universal Insurance's management efficiency ratios could be used to measure how well Universal Insurance manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.08. The current year's Return On Capital Employed is expected to grow to 0.00. At present, Universal Insurance's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 246 M, whereas Debt To Assets are forecasted to decline to 0.03.
The company has 116.6 M in debt with debt to equity (D/E) ratio of 0.4, which is OK given its current industry classification. Universal Insurance has a current ratio of 0.65, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Universal Insurance until it has trouble settling it off, either with new capital or with free cash flow. So, Universal Insurance's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Universal Insurance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Universal to invest in growth at high rates of return. When we think about Universal Insurance's use of debt, we should always consider it together with cash and equity.

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Universal Insurance Holdings, Inc., together with its subsidiaries, operates as an integrated insurance holding company in the United States. Universal Insurance Holdings, Inc. was incorporated in 1990 and is headquartered in Fort Lauderdale, Florida. Universal Insurance operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 1047 people. Universal Insurance Holdings (UVE) is traded on New York Stock Exchange in USA. It is located in 1110 West Commercial Boulevard, Fort Lauderdale, FL, United States, 33309 and employs 1,244 people. Universal Insurance is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

Universal Insurance Leadership Team

Elected by the shareholders, the Universal Insurance's board of directors comprises two types of representatives: Universal Insurance inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Universal. The board's role is to monitor Universal Insurance's management team and ensure that shareholders' interests are well served. Universal Insurance's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Universal Insurance's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marlene Gordon, Independent Director
Rob Luther, Chief Investment Officer
Sean Downes, Chairman of The Board, CEO and President and Member of Investment Committee
Arash Soleimani, Chief Strategy Officer
Andy Brimmer, IR Contact Officer
Michael Poloskey, Chief Operating Officer
Ozzie Schindler, Independent Director
Richard Peterson, Independent Director
Michael Pietrangelo, Lead Independent Director
Jason Burns, President - Blue Atlantic
Jon Springer, COO, Executive VP, Director and Member of Investment Committee
Matthew Palmieri, President of Universal Property and Casualty Insurance
Francis Mccahill, Independent Director
Scott Callahan, Independent Director
Kimberly Campos, Chief Administrative Officer, Chief Information Officer, Director
Stephen Donaghy, Chief Marketing Officer and Secretary
Darryl Lewis, Independent Director
Joel Wilentz, Independent Director
Ralph Palmieri, Independent Director
Frank Wilcox, Chief Financial Officer, Principal Accounting Officer
Gary Ropiecki, Principal Accounting Officer, Corporate Secretary
Kimberly Cooper, CIO and Chief Admin. Officer

Universal Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Universal Insurance a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Universal Insurance in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Universal Insurance's short interest history, or implied volatility extrapolated from Universal Insurance options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Universal Insurance is a strong investment it is important to analyze Universal Insurance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Insurance Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
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When running Universal Insurance's price analysis, check to measure Universal Insurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Insurance is operating at the current time. Most of Universal Insurance's value examination focuses on studying past and present price action to predict the probability of Universal Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Insurance's price. Additionally, you may evaluate how the addition of Universal Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Universal Insurance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Insurance. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Insurance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.443
Dividend Share
0.64
Earnings Share
2.57
Revenue Per Share
48.998
Quarterly Revenue Growth
0.163
The market value of Universal Insurance is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.